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Removal Company

Nigeria
Market: Logistics and warehouses, Transport, Services
Stage of the project: Operating business

Date of last change: 07.05.2018
Min investment
$  10.000
0
Collected
Total required
$ 6.850
$ 60.000
Rating
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- is seeking a loan

Idea

We are in business to provide local and long-distance transportation of household and office goods; warehousing and storage services; packing and packaging services; logistics consulting and other related services to individuals and corporate bodies.

Current Status

Operating Business and gaining traction

Market

Our target market is basically every one (organizations and individual as well who has a cause to move goods and materials from one location to another. In other words, our target market is the whole of the Lagos state and below is a list of the people and organizations that we have plans to do business with;
• Merchants and Warehouse Operators
• Retailers who would want to move their goods from one locations to another
• Manufacturers (Chemical manufacturers, and Textiles manufactures et al)
• Households who would want to move from one apartment to another
• Corporate organizations who would want to move from one office to another
• Government agencies who have cause to mover goods and materials from one locations to another locations
• Non – Profits and Charity organizations that have cause to move goods and materials from one location to another.

Problem or Opportunity

We realized the volume of individuals that relocate and organizations that relocate or set up a new branch within and outside Lagos state, against the few professional moving company in the country. This is why with the experience I have working in related industry, I decided to start Heyes-Cole Movers to ease the stress of relocation and also provide much better relocation services.

Solution (product or service)

Our business has been tested and proven to be a business that will be in operation for decades. For as long as people are relocating, organizations are expanding and Heyes-Cole Movers is keeping up to pace, we will always have demands to provide service to our clients

Competitors

moveme.com, quickmovers, octal edge. They all have large fleet of trucks

Advantages or differentiators

our advantage over our competitors is haulage services and courier service. our competitors on focus on relocation services. and our relocation service pricing is lower than that of our competitors

Finance

We have perfected our plans to charge competitive rates since we have minimal overhead compared to our competition in the industry.
We also evaluate our price based on the size of office/apartment and inventory that would be moved.

We will ensure that we leverage on price to win over customers; our prices will be affordable and negotiable. The fact that our business door is open to both individuals and corporations means that we will have different price range for different category of clients.
As the business grows, we will continue to review our pricing system to accommodate a wide range of clientele.

The forecasted montly gross profit for the business is $3000+ and annual net profit is $36000

Invested in previous rounds, $

Business model

Key activities: Marketing and customer acquisition, Hiring BDO etc
Key partners: Real estate companies, Interior Decorators, Google Adwords.
Revenue Streams: different sizes of apartment relocation, different sizes of office relocation, haulage services, courier services.

Money will be spent on

This investment will allow us purchase moving trucks, setup office outlet, business expansion and aggressive marketing.

Offer for investor

Full business investment in the amount of $60,000.00 as our investor base. This amount will allow us purchase moving trucks, setup office outlet, business expansion and aggressive marketing. Given your agreement to this investment, we are proposing a 35% equity of the company.
 Partial business investment in the amount of $30,000.00 as part of our investor base. This amount will allow us purchase one moving truck, business expansion and aggressive marketing. Given your agreement to this investment, we are proposing a 15% equity of the company
 Truck financing investment in the amount of $15,000.00 as part of our investor base. This amount will allow us purchase one moving truck and also business marketing. Given your agreement to this investment, we are proposing a 7% equity of the company.

Team or Management

Lead investor

Risks

Political: The unstable policies and lack of clear agenda of government poses a treat to business.
Economy: High cost of living sparked by recession affects people.
Technology: The ever changing trend and the cost adapting can affect business

Incubation/Acceleration programs accomplishment

Young Entrepreneur of Nigeria business Fund 2018 scheme.

Won the competition and other awards

Our Business won a business grant from Young Entrepreneur of Nigeria business funding 2018 scheme.

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video